Answer below questions and predict your rank
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

important accounting standard in CA Intermediate | CA IPCC for both groups

Open uri20170510 32134 w73xg6?1494421630 asked

    2       0 Answer Now Comment Report
2 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

> important accounting standard in CA Intermediate | CA IPCC for both groups --**Group 1 – Accounting:** --Valuation of Inventories -- Cash Flow Statements --Construction Contracts --Revenue Recognition **Group 2 – Advanced Accounting:** -- Contingencies and Events occurring after the Balance Sheet Date --Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies --Leases --Borrowing Costs -- The Effects of Changes in Foreign Exchange Rates (Revised 2003)

    0       0 Comment Report
Important Note – Preparing for CA IPCC?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

**Group 1 – Accounting:** Accounting Standard 1: Disclosure of Accounting Policies This Standard deals with the disclosure of significant accounting policies followed in preparing and presenting financial statements. The disclosure of some of the accounting policies followed in the preparation and presentation of the financial statements is required by law in some cases. Accounting Standard 2: Valuation of Inventories This Standard should be applied in accounting for inventories other than: work in progress arising under construction contracts, including directly related service contracts (see Accounting Standard (AS) 7, Construction Contracts); work in progress arising in the ordinary course of business of service providers; shares, debentures and other financial instruments held as stock-in-trade; and Accounting Standard 3: Cash Flow Statements The Standard deals with the provision of information about the historical changes in cash and cash equivalents of an enterprise by means of a cash flow statement which classifies cash flows during the period from operating, investing and financing activities. Accounting Standard 6: Depreciation Accounting This Standard deals with depreciation accounting and applies to all depreciable assets, except the following items to which special considerations apply:— Forests, plantations and similar regenerative natural resources; wasting assets including expenditure on the exploration for and extraction of minerals, oils, natural gas and similar non-regenerative resources; expenditure on research and development; goodwill and other intangible assets; live stock. Accounting Standard 7: Construction Contracts (Revised 2002) This Standard should be applied in accounting for construction contracts in the financial statements of contractors Accounting Standard 9: Revenue Recognition This Standard deals with the bases for recognition of revenue in the statement of profit and loss of an enterprise. The Standard is concerned with the recognition of revenue arising in the course of the ordinary activities of the enterprise from sales and services. Accounting Standard 10: Accounting for Fixed Assets This standard does not deal with the specialised aspects of accounting for fixed assets that arise under a comprehensive system reflecting the effects of changing prices but applies to financial statements prepared on historical cost basis. Accounting Standard 13: Accounting for Investments This Standard deals with accounting for investments in the financial statements of enterprises and related disclosure requirements Accounting Standard 14: Accounting for Amalgamations This standard deals with accounting for amalgamations and the treatment of any resultant goodwill or reserves. This Standard is directed principally to companies although some of its requirements also apply to financial statements of other enterprises. **Group 2 – Advanced Accounting:** AS 4: Contingencies and Events occurring after the Balance Sheet Date AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies AS 11: The Effects of Changes in Foreign Exchange Rates (Revised 2003) AS 12: Accounting for Government Grants AS 16: Borrowing Costs AS 19: Leases AS 20: Earnings Per Share AS 26: Intangible Assets AS 29: Provisions, Contingent Liabilities and Contingent Assets

    0       0 Comment Report
Similar Questions
Get Notifications
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.